Natixis Acquires Shares of 45,727 Kennedy-Wilson Holdings, Inc. (NYSE:KW)

Natixis bought a new position in shares of Kennedy-Wilson Holdings, Inc. (NYSE:KW - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 45,727 shares of the financial services provider's stock, valued at approximately $457,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sterling Capital Management LLC lifted its holdings in shares of Kennedy-Wilson by 822.3% during the fourth quarter. Sterling Capital Management LLC now owns 3,643 shares of the financial services provider's stock worth $36,000 after buying an additional 3,248 shares in the last quarter. Smartleaf Asset Management LLC increased its position in Kennedy-Wilson by 181.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 5,823 shares of the financial services provider's stock worth $58,000 after acquiring an additional 3,755 shares during the period. KBC Group NV grew its position in shares of Kennedy-Wilson by 56.3% during the 4th quarter. KBC Group NV now owns 7,632 shares of the financial services provider's stock worth $76,000 after purchasing an additional 2,748 shares in the last quarter. Cibc World Markets Corp bought a new position in shares of Kennedy-Wilson during the fourth quarter worth approximately $106,000. Finally, Fox Run Management L.L.C. acquired a new stake in shares of Kennedy-Wilson in the fourth quarter valued at approximately $134,000. Institutional investors own 87.72% of the company's stock.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft started coverage on Kennedy-Wilson in a research note on Monday, February 24th. They set a "hold" rating and a $9.00 price objective on the stock.

Insider Buying and Selling

In other Kennedy-Wilson news, Director Cathy Hendrickson sold 30,000 shares of the company's stock in a transaction on Friday, March 14th. The shares were sold at an average price of $8.62, for a total transaction of $258,600.00. Following the sale, the director now owns 98,318 shares of the company's stock, valued at approximately $847,501.16. This represents a 23.38 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Stanley R. Zax purchased 41,000 shares of the business's stock in a transaction on Wednesday, March 19th. The shares were acquired at an average price of $8.56 per share, for a total transaction of $350,960.00. Following the completion of the acquisition, the director now directly owns 547,400 shares in the company, valued at approximately $4,685,744. This represents a 8.10 % increase in their position. The disclosure for this purchase can be found here. 22.73% of the stock is currently owned by insiders.

Kennedy-Wilson Trading Down 1.6 %

Shares of NYSE:KW traded down $0.11 during midday trading on Tuesday, hitting $6.47. 363,369 shares of the stock were exchanged, compared to its average volume of 694,268. The business's 50-day moving average price is $8.17 and its 200 day moving average price is $9.52. Kennedy-Wilson Holdings, Inc. has a 12 month low of $6.13 and a 12 month high of $11.88. The company has a debt-to-equity ratio of 6.06, a quick ratio of 1.18 and a current ratio of 1.18. The stock has a market capitalization of $892.22 million, a price-to-earnings ratio of -2.51, a P/E/G ratio of 0.54 and a beta of 0.98.

Kennedy-Wilson Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Monday, March 31st were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 7.42%. The ex-dividend date of this dividend was Monday, March 31st. Kennedy-Wilson's payout ratio is currently -85.71%.

Kennedy-Wilson Profile

Kennedy-Wilson Holdings, Inc, together with its subsidiaries, operates as a real estate investment company. The company owns, operates, and invests in real estate both on its own and through its investment management platform. It focuses on multifamily and office properties located in the Western United States, the United Kingdom, Ireland, Spain, Italy, and Japan.